S1 Ep108: REVIEW Michael Bernstam of the Hoover Institution analyzes the impact of sanctions on Russia, whose economy is hurt by cheap oil prices. The International Energy Agency forecasts a significa
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REVIEW Michael Bernstam of the Hoover Institution analyzes the impact of sanctions on Russia, whose economy is hurt by cheap oil prices. The International Energy Agency forecasts a significant oil glut of 2 to 4 million barrels per day surplus in 2025 and 2026. This, along with US deregulation, means cheaper oil, potentially causing Russia to stumble into a deep recession. Guest: MichaelBernstam.
